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IN BRIEF: Inspiration Health profits rise, boosted by export growth

4th May 2022 13:54

Inspiration Healthcare Group PLC - Crawley, England-based medical technology company - Posts higher profit in its financial year ended January 31. Annual pretax profit climbs to GBP3.9 million from GBP3.1 million a year ago. Revenue grows to GBP41.1 million from GBP37.0 million. Exports jump by 87%, without the firm providing further figures.

Firm proposes a final dividend of 0.41 pence per share, compared to 0.4p a year ago.

Regarding its current financial year "our order book remains high and demand for our products remains strong," the company says. The firm sees increased pressures on suppliers and customers due to inflation and the war in Ukraine.

The group might post a revenue that is 15% lower based on main risks to it, Inspiration Healthcare adds.

Current stock price: 106.20 pence, down 5.6% on Wednesday

12-month change: down 16%

By Tom Budszus; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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